Gold Reserve Inc V.GRZ

Alternate Symbol(s): GDRZF

Metals & Mining Gold

Gold Reserve Inc. is an exploration stage company, which is engaged in the business of acquiring, exploring, and developing mining projects. The Company's exploration prospects include Siembra Minera and LMS Gold Project. Siembra Minera holds certain gold, copper, silver, and other strategic mineral rights within Bolivar State comprising approximately 18,950 hectares in an area located in the Km 88 gold mining district of southeast Bolivar State which includes the historical Brisas and Cristinas areas. The mineral rights held by Siembra Minera have a 20-year term with two 10-year extensions. Siembra Minera is beneficially owned 55% by Corporacion Venezolana de Mineria, S.A., a Venezuelan government corporation, and 45% by the Company. The Company's subsidiaries include Gold Reserve Corporation, GR Mining (Barbados) Inc., GR Procurement (Barbados) Inc., and GR Mining Group (Barbados) Inc.

TSXV:GRZ - Post by User

Gold Reserve Inc

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Post by Granddeckon Mar 07, 2011 2:52pm

564 Views

Post# 18245796

Tribunal

Some good updates on the GR site

https://www.goldreserveinc.com/documents/Arbitration%20-%20Procedural%20Status%20Updated%20February%2028,%202011.pdf

Long but just cut and paste the above

February 25, 2011 The Tribunal denied Venezuela’s petition to bifurcate the arbitration into a jurisdiction
phase and a merits phase and decided that Venezuela’s jurisdictional objections will be
addressed together with the merits in accordance with Arbitration (Additional
Facilities) Rule 45(5).

This is a positive decision for GR as it avoids what could have been a year and a half delay. I find this site pretty informative and they keep it up to dat

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